Global digital publishing market for education to grow

According to a new report, Global Digital Publishing Market for Education Sector 2017-2021, the global publishing market for education is set to rise at a CAGR of 12.6% between 2017 and 2021. 

The global publishing market is undergoing a period of continual growth alongside an increasing awareness of the importance of education. One of the main reasons for this growth is the rise in demand for quality content, reports PR Newswire.

Data on the sales of digital educational publications (e.g. ebooks, emagazines, ejournals, and epapers) from a variety of regions including the Americas, EMEA and APAC was used to predict the market size.

One trend identified within this market is the rise of new digital publishing technologies designed with the education sector in mind. Big data, cloud computing, and social media all offer substantial prospects for education, and can be used to significantly boost the customer experience.

Growing digitization is a key driver for the sector. Traditional formats such as printed textbooks are being replaced by ereaders, smartphones and tablets. As a result, education – both imparting knowledge and receiving it – has become more stress-free.

The report also highlights challenges – for example, the threat posed by open resources and alternative textbook sources. As the number of free or inexpensive online information sources grows, free content has dealt a blow to printed publishing revenue.

Scientific and technical publishing has been particularly affected by this. Many in the sector are left wondering why customers would pay for a subscription when so many journals are available online free of charge.

Date Published : 11th of January 2018

Steve Odart

Published by : Steve Odart

About the Author : Steve Odart is the founder of Ixxus, with 28 years experience in the publishing industry. He started life at the London College of Printing, following his grandfather into the printing industry. He spent many years working with Quark through its launch of Quark XPress, and the Quark Publishing System, before setting up a publishing division within one of the UK’s largest Sun Microsystems Resellers. He then joined Oracle, as EMEA Business Development Director – Publishing and Media, prior to founding Ixxus in 2004. Steve has an extensive knowledge of publishing past, present and future, and has worked with the majority of the largest global publishers in his career to date.